Known for its generous dividend yield, one of the largest utility company in the United States – Dominion Energy, is all set to lose its tag of ‘dividend growth machine’ as the company plans to slow down its dividend growth to ensure it remains a great income stock. Sitting at the top end of the spectrum in terms of dividend yield compared to its peers, the company has an impeccable record of increasing its dividend annually for 16 consecutive years.The company has been recently seen moving its business more and more toward assets with regulated businesses or fee-based structures.

Another Norwegian company, Ocean Sun, specializes in floating solar technology and will be responsible for providing Statkraft with a floating solar plant in a reservoir in the European country. The Albanian solar park will be made up of four 0.5 megawatt (MW) units, Statkraft said in an announcement Tuesday.He is further hopeful that if the current plan works out well and cost-effectiveness is also reached, the company will think of establishing more floating solar in other Statkraft locations. According to a 2018 report from the World Bank Group and the Solar Energy Research Institute of Singapore, worldwide capacity of floating solar had increased from 10 MW at the end of 2014 to 1.1 gigawatts (GW) by September 2018.

The Southern Company (SO) has now brought reactors like Westinghouse AP100 online in China to help break the trend of cost overruns and delays at the company’s Vogtle nuclear construction site in Georgia. SO is known to have set up a nuclear power plant during the late 1980s at its Vogtle facility.The company believes it is on schedule to hit its November 2021 and November 2022 in-service dates for its two new nuclear units, thanks to the improved efficiency driven by positive employment and retention trends. It has also reformed its decisions about employing less skilled labor for doing simple tasks, and focusing more on skilled labors with tasks only they can complete. But the role of China is crucial in Southern’s plans to finish strongly at the Vogtle project.

Shareholders of beleaguered electric utility PG&E Corporation (NYSE: PCG) got a big break today.With Citigroup upgrading the bankrupt utility stock to "buy," PG&E shares are up 16.1% as of 12:20 p.m. EST -- and climbing. READ MORE...

Shares of California’s biggest utility owner, PG&E Corp, jumped more than 10% on Tuesday after the company announced that it has secured bankruptcy financing worth $5.5 billion in the form of debtor-in-possession (DIP) financing from four banks. According to the company, four investment banks JPMorgan Chase & Co (JPM), Bank of America Merrill Lynch (BAC), Barclays Plc (BARC) and Citigroup Inc (C) are expected to help with the financing, which is expected to comprise of a $3.5 billion revolving credit facility, a $1.5 billion term loan and a $500 million delayed-draw term loan. The U.S. power producer, which provides electricity and natural gas to nearly 16 million customers in northern and central California, was recently hit by extensive litigation, government investigations and liabilities that could potentially exceed $30 billion because of wildfires in the state. As the company prepares to file for Chapter-11 bankruptcy protection, its bankruptcy plan has rever

G&E Corp (PCG.N), owner of the biggest U.S. power utility by customers, said on Monday it is preparing to file for Chapter 11 bankruptcy protection as soon as this month amid pressure from potentially crushing liabilities linked to California’s catastrophic wildfires in 2017 and 2018. Read More...   

(Bloomberg) -- The lights would stay on if California utility giant PG&E Corp. files for bankruptcy.But the company, its customers and investors would be set for years of uncertainty. While utility bankruptcies are rare, they can result in anything from a healthy company to a breakup, with business units sold off like spare parts.

Entergy Corp. (NYSE: ETR) is an electric utility company that provides electricity to customers in Arkansas, Louisiana, Mississippi, and Texas.The company serves 2.9 million customers in the region. Entergy has been trending higher essentially since the beginning of 2014.

Shares of the embattled utility company, PG&E, tumbled as much as 17% on Tuesday after S&P Global relegated the utility’s credit rating to junk, with a negative outlook on the back of its potential liability in the California wildfires. S&P downgraded the rating on PG&E and its subsidiary Pacific Power & Gas from BBB-, the lowest tier of investment-grade ratings, to B (which is deep into junk territory) citing political and regulatory pressure and uncertainty surrounding its potential liabilities. To make matters more challenging, PG&E's is likely to face much higher interest rates in the event they need to borrow money to fund penalties and operations.S&P Global also indicated limiting PG&E’s capital access to secured debt issuance, citing credit risk and speculation of a potential bankruptcy, thereby further limiting its financing options. Much like its stock shares, PG&E’s largest bond, a $3 billion note due in March 2034 with a 6.05%

Shares of Pacific Gas and Electric (PG&E), a US investor-owned utility company, slumped ~25% in Monday’s opening hour trade.This happened after CNBC reported that PG&E might face a minimum of $30 billion in liabilities excluding penalties, fines or punitive damages related to California wildfires in 2017 and 2018. Further, with the utility company contemplating filing for bankruptcy protection as it anticipates a massive Q4 charge, investors started to abandon the stock that could worsen the company’s prospects. PG&E is poised for its biggest fall since November 2014, when the stock was on the verge being downgraded to junk after it had announced the exhaustion of its revolving credit line. Although the bankruptcy news hasn’t been confirmed by the company, according to sources familiar to the matter, the company is seriously contemplating the sale of its gas assets to cover liability costs related to the wildfires. Further, with PG&E being a one of the biggest utili

PG&E Corp is reportedly mulling whether to file for bankruptcy as soon as February, according to  a Bloomberg report citing people familiar with the situation.The bankruptcy protection is apparently being sought to deal with its potential wildfire liabilities. In a statement late Friday, PG&E said it’s “working diligently to assess the company’s potential liabilities as a result of the wildfires and the options for addressing those liabilities.

The energy sector is down over 23% during that time. Looking through a number of charts last evening, there are several utilities stocks with similar chart patterns.They have formed trend channels over the last six months, and when the sector got hit with some selling last week, many of them dropped down to their lower rails. One such stock that caught my eye was NRG Energy (NYSE: NRG).

One utility stock that has held up and even gained ground in the last few months is NextEra Energy (NYSE: NEE). The stock has formed a trend channel over the last six months with the lower rail connecting lows from June, September, and November.This is the first time the indicators have been in oversold territory since the end of September and only the second time in the last six months. NextEra has mixed fundamentals readings.

Amidst the stock market’s continued downside volatility, utilities have emerged as the safe haven -- moving higher last week as the broader market felt intense selling pressure. On a 52-week intra-day high basis, six of the 11 S&P 500 sectors were mostly in a correction mode from their most recent highs -- but not Utilities. Larger-than-average dividend yields and steady revenue streams are arguably what helped Utilities gain investor favor in times of tumult.With investors worried about slowing global economic growth, trade woes with China, and a flattening yield curve, the relative safety of Utilities has gained more attention. A few stocks investors might consider if looking for Utilities plays are Entergy Corporation (ETR, +1.33%), Edison International (EIX, +1.28%) and Exelon Corporation (EXC, +1.01%).

Shares of residential solar installer, Vivint Solar (VSLR), tumbled nearly 22.1% in Friday trading after the news of a huge stake sell-off by a major shareholder hit the market. 313 Acquisitions LLC, a fund managed by Blackstone Group LP and Vivint’s principal stockholder, has decided to sell 8 million shares of the rooftop solar company.However, the major twist regarding the sale is that shares are being sold at $5.50 per share, a massive 21% discount to its yesterday's close price of $7.00 per share.

PG&E's stock lost more than 20 percent of its value Wednesday after the utility said it does not have nearly enough insurance coverage if it is found liable for a Northern California wildfire that has left at least 56 people dead and destroyed about 9,000 homes. READ MORE...

Since crude oil prices have surged more than 25% since the beginning of the year, optimistic investors are betting a barrel of oil could cross the $100/barrel mark by year-end. Impending U.S. sanctions against Iran, coupled with bottlenecks in the U.S. shale industry and the anticipated collapse of Venezuela's economy, have many energy market analysts contemplating an abrupt supply shock -- which in turn could push oil prices higher. There are several investment implications of higher oil, which could affect everything from consumer spending to Emerging Markets (which rely heavily on imports).Check out some of the related portfolios below for trade ideas. 

Tickeron’s Artificial Intelligence continues to discover scores of new patterns and investment ideas in the securities markets. Below you can see a volatile security that has just confirmed a Cup-and-Holder bearish pattern.Traders who are itching to sell a security short or who are familiar with put options should click on the pattern and find out what the security is. Current Trading Opportunity #1 — Cup-and-Holder Inverse (Bearish) Below you’ll see another pattern that Tickeron’s A.I.